Ariad Pharmaceuticals Inc fka ARIA

[Whosetosay]

I encourage all to visit the SEC website and lodge a complaint about the HFT trading of this stock. You can use my statement or change it. Takes about 10 minutes, but it is fairly easy.

Click on the large "File a complaint box" on the right

http://www.sec.gov/

My statement:

Please have a look at the trading Ariad Pharmaceuticals (ARIA). Despite the bad news that has affected the stock, even as the news has stopped ,the volume has remained at 5X to 10X normal levels. The trading pattern is obvious. After a brief morning recovery, trading houses (including HFTs)using stock bought likely in the AM, sell it down below purchase price, buy it back, sell it again below purchase, repeat, repeat. This has manipulated the price well below where it would normally be at a normal volume. This has been price manipulation at its worst. Shorting, naked shorting may also be involved.

Also, the day before the initial crash 10/8/2013, there was surge in selling volume and put buying. Someone had knowledge ahead of time of the announcement the following day, no doubt.

Please call off the price manipulating traders and investigate their practices. They are accumulating pennies into $millions at the expense of regular investors who cannot compete.


Thank you.